Top Qs
Timeline
Chat
Perspective

East & West Steamship Company

From Wikipedia, the free encyclopedia

East & West Steamship Company
Remove ads

East & West Steamship Company (ایسٹ اینڈ ویسٹ اسٹیم شپ کمپنی) was one of the oldest locally owned shipping line in Pakistan until it was nationalised in 1974. Its ship, SS Fatima was the first ship ever registered at the newly established Port of Registry at Karachi in August 1948.[1] It was owned by the Cowasjee family. The company was restructured as the 'East and West Steamship Co. (1961) Ltd.' from 1961

Thumb
Empire Mariner, which East & West bought in 1951 and renamed Fausta
Remove ads

Directors

The following individuals were directors of the company at one time or another.

Agents

The company served as agents for Nippon Yusen Kaisha, Tokyo, Japan and The Great Eastern Shipping Company Limited of Bombay (now Mumbai), India.[4]

Ships

More information Ship, Built ...

Lost ships

  • Fakira was lost in 1956 in the China Sea.[7]
  • Minocher Cowasjee foundered on 24 January 1957 in the Indian Ocean.[6]
Remove ads

Burntisland Shipbuilding Company

The penalties imposed on the Burntisland Shipbuilding Company in Scotland for the delays in completion of the Ohrmazd in 1968 proved too much for the Scottish company and caused it to go into liquidation.[8]

Court cases

The company's agent, M.N. Sidhwa was involved in an income tax court case in August 1962, which was decided against it.[9]

Nationalisation

During the nationalisation drive of Prime Minister, Zulfikar Ali Bhutto, the company was merged into Pakistan National Shipping Corporation (PNSC). The owners took this nationalisation to court, whereby the Supreme Court of Pakistan ruled in their favour.[10] The Government assessed compensation at Rs. 97.012 million (2008).[10]

See also

References

Further reading

Loading related searches...

Wikiwand - on

Seamless Wikipedia browsing. On steroids.

Remove ads